“We hope other council members follow his lead or act to scale back council’s golden perks.”

The CTF has been drawing attention to council benefits since last month when it pointed out that for every $1.1 million dollars council members contributed to their pensions, taxpayers paid over $6.1 million between 2007 and 2016.

Farkas said he won’t fault other councillors who choose not to follow his lead.

“At the end of the day, it is important for all our decision-makers to be well compensated,” he said. “We want to make sure that it’s competitive so that we have a good mix of talent applying for these jobs – whether it’s in the senior management at the city, whether it’s running for council itself.”